Wamda

U.A.E

Dubai's Jabbar Internet Group invests in India's Arzooo

Source: Money Control B2B Retail-tech firm, Arzooo on Tuesday said it has raised $7.5 million (about Rs 55.3 crore) in a funding round...

Arzooo Jabbar Internet Group

Saudi Arabia

FOODICS launches micro-lending fund to support SMEs in F&B sector

Saudi Arabia-based food and beverages (F&B) retail and restaurant management platform FOODICS, has officially launched its micro...

Foodics f&b Micro-lending

U.A.E

SCA approves crypto assets regulation

Source: Unlock The UAE SCA ,(Securities and Commodities Authority) during its recent Board of Directors virtual meeting headed by H.E....

cryptocurrency SCA

Egypt

EBRD supports Badia Impact Squared first closing

Source: EBRD New technology companies in the southern and eastern Mediterranean (SEMED) region will benefit from additional sources of...

silicon badia EBRD Healthcare

Saudi Arabia

$20 billion investment target set for Saudi national AI strategy

Source: Carrington Malin The Saudi national AI strategy was announced at the virtual Global AI Summit by Saudi Data and Artificial...

Artificial intelligence Saudi Data and Artificial Intelligence Authority (SDAIA) National Strategy for Data & AI (NSDAI)

Saudi Arabia

Garage raises $260,000

Saudi Arabia-based automotive startup Garage has secured SAR 1 million ($260,000) from angel investors. The soon-to-be-launched startup...

Garage automotive

Global

KBW Ventures invests in US-based Back to the Roots

UAE-based KBW Ventures, the venture capital (VC) firm founded by Prince Khaled bin Alwaleed, has participated in US-based startup gardening...

KBW Ventures Back to the Roots Organic Food

Egypt

Foundations Ventures launches early-stage fund, invests in 4 startups

Egypt-based venture capital firm (VC) Foundation Ventures has launched an early-stage fund to back Egyptian startups, offering investments...

Foundation Ventures HOF Capital early stage

Bahrain

Halcyon, AWS launch tech incubator for female founders in Middle East

Source: Washington Business Journal D.C.’s Halcyon, known for its flagship social entrepreneurship incubator in Georgetown,...

Amazon Incubator Female founders

Jordan

Aumet acquires Uniorders

Jordan-born healthcare marketplace Aumet, has acquired its compatriot healthcare startup Uniroders. Launched in 2015 by Yehya Aqel,...

healthtech Aumet Uniroders

Iraq

More investment, better regulations needed in Iraq

Iraq’s entrepreneurial ecosystem is gradually shaping up and evolving into a welcome landscape for innovation. While the...

Five One Labs Iraqi ecosystem Miswag.net

U.A.E

ArabyAds acquires AdFalcon

Dubai-headquartered online advertising startups (adtech) ArabyAds, has acquired Dubai-based advertising and data platform...

ArabyAds AdFalcon mobile advertising

Global

UAE's Amanat invests in US-based BEGiN

Source: Gulf Business Dubai’s education and healthcare investment firm Amanat Holdings has made a Dhs18.4m ($5m) investment in...

Amanat Holdings EdTech

Lebanon

JGroup invests $15 million in Dubai-based FoxPush

Source: Khaleej times JGroup, a Lebanon-based holding company with a vast portfolio of subsidiaries across the Middle East, Europe,...

FoxPush JGroup Advertising

Egypt

MARJ3 secures seed funding

Cairo-based education technology (edtech) platform MARJ3 has raised a seed investment round led by Expert DOJO, US-based investment firm,...

EdTech MARJ3 Seed funding

U.A.E

Emirates Angels Investors Association launched

Source: Trade Arabia To boost the UAE economy’s competitiveness, a group of young investors has launched the...

Emirates Angels Investors Association entrepreneurship UAE's economy

Regional

Google launches accelerator for startups in Mena

Google is launching a new accelerator programme for startups in the Middle East and North Africa (Mena). The three month programme will...

Google accelerator

Global

Hub71, Bpifrance set to unlock funding opportunities for startups

Source: WAM Hub71, Abu Dhabi’s global tech ecosystem powered by Mubadala Investment Company, has forged a strategic partnership...

Hub71 Bpifrance Funding

Pakistan

Retailo raises $2.3 million pre-seed

Saudi Arabia-based e-commerce platform Retailo, has raised $2.3 million in a pre-seed round, led by Shorooq Partners, with participation...

Retailo Shorooq Partners B2B marketplace

Regional

New VC fund to invest $60 million in 120 Mena startups

The former managing partners of 500 Startups Mena (500 Falcons) Sharif El-Badawi and Hasan Haider have launched a new venture capital...

Venture Capital Plus Venture Capital

U.A.E

Sweetheart Kitchen CEO leads its €15 million Series C round

Dubai-based cloud kitchen operator Sweetheart Kitchen, today announced the raise of €15 million ($17.7 million) in Series C funding, a...

cloud kitchen Series C

Egypt

NowPay raises $2.1 million seed

Cairo-based financial technology (fintech) startup NowPay, has raised $2.1 million in a seed investment round led by Foundation Ventures...

NowPay Fintech Emerging Markets

Egypt

dreevo launches in Egypt after raising pre-seed investment

Egypt-based last mile delivery startup dreevo has launched its operations after raising a six-digit pre-seed investment from EF Logistics,...

Last mile

Jordan

IQRA’A raises pre-seed investment

Amman-based educational technology (edtech) startup IQRA’A Audiobooks, has raised $150,000 in a pre-seed funding round. Founded in...

IQRA'A audiobooks EdTech online learning

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